GAP insurance, also referred to as Guaranteed Asset Protection, helps to bridge the payment gap between the settlement amount from your motor insurance company and the market value of your before it was declared a write-off. Therefore, having Nissan Gap insurance helps put your worries at ease in the event of an accident, theft, fire or flood as you will receive the market value of your vehicle.
If you do not have GAP insurance and your insurer declares your vehicle as a write off, as repairing your Nissan car is not possible, you could be left with significantly less money than what your vehicle was worth before the incident. Or you could be left with less money than you need to clear off any applicable finance. Having GAP insurance for your BMW, will protect you from this financial shortfall by “topping up” the insurance companies’ settlement to make up the market value of your vehicle or the cost of replacing it with a similar model.
Specialist Cars Nissan are proud providers of Gap Insurance, to learn more about this Nissan finance protection, contact our Nissan dealer in Aberdeen today.